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Troubleshooting
Hi.
See my earlier reply just posted.
Your return is likely different to mine, but in my case the number is stated by Turbotax as a Foreign tax deduction under subsection 20(12)
The only place in my return where foreign taxes paid are reported is in my T3/T5s.
The trick is, however, to understand how the deduction reported by Turbotax for Foreign tax paid is calculated as it does not match the numbers in my T3/T5s. There has to be a formula applied.... presumably Turbotax uses a CRA supplied formula in its program which spits out the deduction number.
‎October 5, 2023
9:38 PM